North Dakota Auto Insurance

Auto insurance in North Dakota

Auto insurance is something all vehicle owners need, being imposed by law and offering the best possible protection in case of accidents. Whether a driver is using the respective vehicle for personal or professional purposes, adequate insurance is a must. If one operates the car without insurance, he/she is liable for fines of up to $1,000 and might even have his/her driver's license or vehicle registration suspended, for up to six months. If you are looking to discover more information on the topic of auto insurance in North Dakota, just keep on reading this article.

What type of car insurance do you legally need in North Dakota?

According to the Mandatory Liability Insurance Act, all North Dakota residents who operate a moving vehicle must have a valid insurance policy. If the mandatory insurance is not purchased, the associated vehicle registration mine might be suspended for several months or more. North Dakota authorities also have access to an online insurance verification system, which can be used to instantly check whether someone has insurance or not.

For a resident to operate a vehicle in the state of North Dakota, the respective auto insurance must comply with specific guidelines. These might include: bodily injury liability ($50,000 per accident and $25,000 per person), property damage liability ($25,000 per accident), uninsured/underinsured motorist bodily injury ($50,000 per accident and $25,000 per person), and basic personal injury protection ($30,000). It is worth mentioning that the full coverage insurance is more advantageous than the minimum liability coverage, particularly as you can add options such as comprehensive and collision insurance. Vehicle owners should always choose the highest possible coverage limit, in contrast to the one required by law in North Dakota. Thus, they will be protected, should the worst-case scenario occur.

The above-mentioned sums are actually the ones an insurance provider will pay, in the situation that you are involved in an accident for which you were at fault. The law requires that all vehicle owners carry a copy of their insurance policy while driving. Of course, the same law states that it is illegal to drive without insurance in North Dakota, with consequences including legal files and the suspension of driving documents (driver's license, vehicle registration). Jail time might be legally enforced for those who continue to drive without a valid insurance policy.

Average cost of auto insurance in North Dakota

How much does auto insurance cost in ND? The state minimum auto insurance policy in North Dakota has a value of $362. However, a full coverage insurance policy has an average value of $1,316. Collision and comprehensive insurance might not be included in this policy, which means you will have to pay additionally for them. Among the factors that influence the overall insurance rates, there are: type of vehicle, presence of prior insurance, number of miles driven, location, driving record, age, gender, and marital status. It is advisable to choose an insurance policy that offers the best possible coverage, not necessarily the most affordable one.

It is worth mentioning that the average cost of auto insurance differs from one state to the other. This is valid for both the minimum coverage and the full version, including when it comes to options such as comprehensive and collision insurance. The factors influencing these values include: weather-related accidents, at-fault accidents, number of drivers versus the general population, uninsured drivers in the city, road conditions, etc.

North Dakota has a significantly lower rate for the average car insurance than the national median, which is around $1,770. The states with the most expensive policies include: Pennsylvania, New York, Nevada, Michigan, Louisiana, Florida, Colorado, and California. As for the states with the most affordable policies, these are: Wisconsin, Washington, Tennessee, Oregon, North Dakota, New Mexico, Nebraska, and Maine. New York has some of the most expensive auto insurance policies, with $2,996 for the full coverage and $1,339 for the minimum version. Maine is the most affordable, with $876 for the full coverage and $227 for the minimum version.

Within the state of ND, you might also discover variations between cities. Fargo has some of the most affordable rates to offer, while Minot stands at the top of the list in terms of costs. The average annual premiums are as follows: Fargo - $1,291; Grand Forks - $1,330; West Fargo - $1,331; Bismarck - $1,476; Minot - $1,477.

One of the main factors influencing the value of auto insurance is the driver's age. Typically, this type of insurance is more expensive for young drivers, as insurance companies perceive them as irresponsible and more likely to cause accidents. A teenage driver will be prepared for an annual premium of over $7,700, while a middle-aged driver will be accustomed to an annual premium that is close to $2,000. Gender differences are present, with men being given better rates on their insurance policies. Married couples have access to the most affordable coverages, in contrast to those who are single, divorced, or widowed.

In calculating the value of a potential coverage policy, insurance providers will also analyze the driver's credit history. Drivers with exceptional credit will save important sums on their auto insurance premiums, as opposed to those with a poor credit history. Prior driving offenses will lead to significantly higher rates, such as DUI/DWI, at-fault accidents, speeding, or reckless driving. The overall rates might also fluctuate in accordance with the type of coverage preferred. Drivers are encouraged to add both comprehensive and collision to the state minimum policy, in order to increase the level of protection guaranteed.

Did not find your city or county on the list? Please use our auto insurance companies search box at the top to locate all the best auto insurance quotes in North Dakota. Find car insurance in North Dakota by city, zip code or county name.

Finding the right auto insurance in North Dakota

If you are having a tough time finding the right insurance policy, perhaps our expert assistance will come in handy. Our professional knowledge and experience accumulated in the field allow us to match drivers with the best possible policies for their needs and budget. Just give us a call and we will offer all the support you might need. Remember that this service is absolutely free, and it can make a genuine differences whereas your insurance needs are concerned.